Teck posts $504M profit
Vancouver — Robust commodity prices continue to fuel Teck Cominco’s (TCK.B-T, TCK-N) revenue engine, delivering strong third-quarter net income of $504 million ($2.34 per share), up from $405 million…
Canada
Cumberland offloads Meliadine interest (November 13, 2006)
Vancouver — Deciding to focus on its key asset, the Meadowbank gold deposit near Baker Lake, in eastern Nunavut, Cumberland Resources (CLG-T, CLG-X) has sold its interest in the Meliadine gold projec…
Goldcorp closes Glamis deal
In an unusual weekend manoeuvre, Goldcorp (G-T, GG-N) closed its controversial US$8.6-billion acquisition of Glamis Gold (GLG-T, GLG-N) on the Saturday evening of Nov. 4, exchanging each Glamis share …
Editorial: Trusts get busted
More than a few Canadian investors were a little distracted handing out candy at the front door on Halloween, eager as they were to head back to the TV to take in news that Canadian Finance Minister J…
Rainy River pulls high-grade gold
Vancouver — Rainy River Resources (RR-V, RRFFF-O) has announced a number of high-grade drill intercepts from its namesake gold project located about 80 km south of Kenora, in northwestern Ontario.
Update: Barrick waives minimum tender condition in NovaGold bid
Vancouver – Barrick Gold (ABX-T, ABX-N) has waived the 50.1% minimum tender condition in its US$16.00-per-share bid…
Deep zone outlined at New Gold’s Afton
Vancouver – Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, British Columbia is …
Barrick extends NovaGold bid with 22.5% tendered
Vancouver – With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T…
Imperial pulls bid for bcMetals
Vancouver – Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn …
Canadian Royalties expands Ivakkak (November 08, 2006)
Drilling this past field season by Canadian Royalties (CZZ-T) at the Ivakkak deposit on the Ungava peninsula of nor…
Editorial: Feds’ closing of tax loophole long overdue
More than a few Canadian investors were a little distracted handing out candy at the front door on Halloween, eager…
Gold Reach cuts wide copper at Seel
Vancouver – Gold Reach Resources (GRH-V, GRHFF-O) delivered a strong copper intercept from its Seel project located…